The Hindu·3 min read·hard
Auto components sector clocks 12.7% growth; U.S. exports hold firm despite tariffs
J
Jagriti Chandra
✦AI Summary
India's auto components industry reported a 12.7% growth in FY26, despite facing significant U.S. tariffs and labor shortages. Industry leaders noted that domestic demand and vehicle production were the primary drivers of this performance.
India’s auto components industry grew 12.7% to a turnover of ₹7.6 lakh crore in FY26, while exports to the U.S. remained steady despite the imposition of 25% and 50% tariffs on different categories of auto parts.
businesseconomy
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